The S penetration of Internet 3 into popular industries is now beginning to cause controversy about the ethics needed to operate in these areas. On the second day of Paris Block chain Technology week (PBW) in 2023, a group of professionals from the ecosystem stepped onto the Venas de Milo stage to discuss "the ethics of Web3".

At the beginning of the seminar, program host Muyang Ashhari made it clear that the ethical framework or norms of technology will always lag behind the introduction of technology. Ashley is the founder of the thousand noodles investment club.

"this is also the main moral test-in order to ensure that this technology will not harm everyone in the near future or in the distant future, we should now ask ourselves what kind of questions are right."

The team members agreed that innovation is generally carried out before the implementation of all ethical standards. Margux Frisque, co-founder and legal consultant of the Web3 Association, stressed that EU countries are about to launch the encrypted Asset Sale Market (MICA) structure.

She told Mica that she was "inspired by past business reflections" and would soon need companies to separate customer funds from other bank accounts.

This is an example of good behavior and has become a mandatory law and regulation that will soon be implemented in all EU countries. This is a very good example of turning morality into protecting the people and innovating the law.

PBW organized a full panel discussion on the forthcoming biotite laws and regulations, during which technical experts and regulators discussed the impact of due process proposals in Europe. The proposal has been delayed several times so far, but a final online vote will be held in April 2023.

"it's a bit complicated to combine innovation with morality," says Lloyd Shahid, CEO of Galeon, who echoes the idea that this approach is morally harmful.

Generally speaking, innovation comes first, and sometimes very bad things happen to people. Slightly inferior is the moral conundrum, as long as we care about what innovation does.

And take the FTX scandal as an example, saying that this is contrary to the quantum chain's philosophy of "no trust, confirmation."

"that's the problem with FTX," he said. "No one can confirm that."

He added that the trading center was confirming the stock of payments at dozens of prices so that people could track assets and certify his trust. "the situation has changed," he concluded. "

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